Personal Finance and budgeting are topics where people always shy from.
Even though budgeting your money is really important, setting up a budget for the first time can be pretty scary.
So, how to budget the right way?
In fact, the rich and successful knows how to budget their finance really well.
Thus, I went on a journey to understand more about how the rich budget their money before they become successful.
Here I’ve created an easy beginners guide to budgeting using the 50/20/30 budget rule.
You will learn exactly the steps on how to create a personal or household budget from scratch.
Lets dive in!
Read Also: Do you need Emergency Fund or Rainy Day Fund & What is the One Fund to Success
CONTENTS
WHAT IS A 50/30/20 RULE5 SIMPLE STEPS IN CREATING A BUDGETWHAT AND WHY BUDGETING?CONCLUSION
WHAT IS THE 50/30/20 BUDGET STRATEGY?
The 50/30/20 budget strategy or rule was commonly used by financial advisor...